Cannabis Industry NewsNews Briefs

JP Morgan Chase Will No Longer Let Clients Buy Certain Cannabis Securities

Beginning November 8, JPMorgan Chase & Co will no longer let its prime brokerage clients buy certain U.S. cannabis-related securities, according to a letter outlined by Reuters. The move follows similar actions by Credit Suisse last May. “J.P. Morgan (JPMS) has introduced a framework that is designed to comply with U.S. money laundering laws and […]